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Dubai Sustainable Finance Working Group (DSFWG)

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The Dubai Sustainable Finance Working Group was launched in July 2019 to coordinate efforts to create the most sustainable financial hub in the region.  Since establishing, the group has been integrating Environmental, Social and Governance best practice across Dubai’s finance sector.

 

The group’s efforts align with UAE Sustainable Development Goals 2030:

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Additionally, the working group’s actions are contributing to the UAE’s commitment to achieve Net Zero emissions by 2050 and ensuring sustainable development whilst protecting the environment.

 

DSFWG - Key Pillars

Embedding ESG into the Dubai Finance Sector is via 4 key pillars:

Name Description Result
Responsible Business Operations

Embedding ESG into business operations, to mitigate risk and achieve best governance and reporting practices

Sustainable corporate performance and growth

Responsible Investing

Promoting the principles of responsible investment, and integration of ESG in investment-decision making and mitigate investment risks

Development of a more sustainable financial system

Growing Sustainable Finance

Encourage the issuance of green financial instruments (green Equities, Bonds / Sukuk, Derivatives / ETFs in Dubai / Green Fintech)

Development of a more sustainable financial system

Gender Diversity and Inclusion

Nurture and cultivate diversity and inclusion in business, capacity building, developing

Gender equality, woman and youth empowerment


DSFWG at a Glance

Established in 2019

Founding Members

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Strategic Partner

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Active Members

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Four active sub-working groups

The DSFWG has four subgroups, which cover a range of themes including:

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Enabling ESG Assessment
and Reporting
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Accelerating adoption of
ESG Principles
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Fostering a Dubai ESG
Innovation Community
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Transition to Net Zero
 

From theory to practice - Key Initiatives

The Dubai Sustainable Finance Working Group has published two comprehensive guides as part of Dubai’s efforts to accelerate its leading position and expansion of Environmental, Social and Governance (ESG) and sustainable finance in the UAE and wider region. The guides inform issuers and investors about best practices in the rapidly expanding ESG sector and the commercial opportunities it offers.

 

Events & Webinars

DSFWG ESG Literature

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Sustainable
Investing Guide
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Sustainable
Issuance Guide
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ESG Maturity Model - Self Assessment Tool

 

 

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